https://www.taxtmi.com/caselaws?id=349763 The court ruled in favor of the applicant, directing the Official Liquidator to release 98.181879% of the funds in the Escrow account to the applicant within four weeks. The court found that the applicant was entitled to the funds based on the teaming agreement and the conduct of the parties involved. Despite the liquidation of the respondent company, the applicant's right to the funds remained unaffected. The application was disposed of with no order as to costs. en-us Tue, 17 Oct 2017 00:00:00 +0530 Wed, 25 Oct 2017 08:17:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349763 The court ruled in favor of the applicant, directing the Official Liquidator to release 98.181879% of the funds in the Escrow account to the applicant within four weeks. The court found that the applicant was entitled to the funds based on the teaming agreement and the conduct of the parties involved. Despite the liquidation of the respondent company, the applicant's right to the funds remained unaffected. The application was disposed of with no order as to costs. Case-Laws Companies Law Tue, 17 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349763